The Borough of Conshohocken Council, Greater Conshohocken Economic Development Council (GCEDC), and the Redevelopment Authority of Montgomery County (RDA) are offering local loan opportunities to Conshohocken Borough businesses impacted by the Coronavirus.

The loans are funded by the GCEDC and the RDA and will be processed on a first-come/first-served basis. Loan requests will be capped at $50,000 with a rate set 2.75% and a max of 24 months.

The application can be found here. All applications and supporting documents must be submitted to the Borough of Conshohocken electronically via email to aflounders@conshohockenpa.gov. The GCEDC and RDA will review completed applications for approval.

Full details on this loan, and others, can be found here.